Question: Requirement 2. What are some limitations that Perfect Performance will encounter when using the direct write-off method? 0 A. Perfect Performance will encounter limitations with

 Requirement 2. What are some limitations that Perfect Performance will encounter

Requirement 2. What are some limitations that Perfect Performance will encounter when using the direct write-off method? 0 A. Perfect Performance will encounter limitations with the direct write-off method because it will result in understating profits and net assets every year the O B. Perfect Performance will not encounter any limitations with the direct write-off method because it adheres to the matching principle by matching the expense C. Perfect Performance will encounter limitations with the direct write-off method because it is complicated and very costly to implement. method is used of uncollectible accounts with the related revenue O D Perfect Performance will encounter limitations with the direct write-off method because it violates the matching principle. The matching principle requires that the expense of uncollectible accounts be matched with the related revenue

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